Outflow amounts to €112.8 million

Podgorica, (MINA-BUSINESS) – According to preliminary statistics by the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €214 million in the first four months, while the outflow totalled €112.8 million.

The latest CBCG Bulletin says that net foreign direct investments, i.e. the difference between their inflow and outflow, amounted to €101.2 million in the first four months, down 6.3 percent year on year.

“The total inflow of direct foreign investments rose by 3.9 percent a result of an increase in the inflow based on ownership investments,” the Bulletin says.

The residents’ investments abroad amounted to €55.1 million, while the withdrawal of money invested in Montenegro by non-residents amounted to €57.7 million.

The FDI inflow related to the ownership investments amounted to €139.4 million, which accounts for 72.6 percent of the total inflow. Of that amount, the inflow based on the real estate investments amounted to €52.6 million, while the investments in companies and banks amounted to €86.8 million.

The inflow in the form of intercompany debt amounted to €66.6 million in the first four months, down 45.2 percent year on year.